Glenn Beck: Where's the Wheat?




Related Video: Food vs Fuel

GLENN: Happy Earth Day, everybody, welcome to it.  Gas prices at a record high, $3.51 a gallon but if you are lucky enough to be a trucker, you are now paying $4.20 a gallon for diesel.  My question for truckers, and I know we got bunch of them listening.  Question to truckers, what is the price of diesel where you say, I'm out; I can't do it anymore?  What is the price of diesel?  We talked about this when diesel broke three -- I think it was $3.25 and truckers were starting to say, I can't do it, you know.  I put a second mortgage on my house; I don't know what to do.

So what is that magic number for truckers?  Because you've got to remember, gang, everything is moved in this country by truck.  Forget about the planes.  The airline industry having all kinds of problems because jets were not designed to be profitable at $100 a barrel.  Remember, $100 a barrel was insanity talk just six months ago.  We're now $100 -- come on, flip on me, $116.83 right now for oil.  $100.16.  I told you last night on television, we went back and we looked at the records.  It was about $60 a barrel when I said, what's the magic number that makes the economy fold?  They said $100 a barrel.  That's what you're paying right now.  Because remember, the $116 is an oil future.  That's -- you won't feel that at the gas pump for a couple of months yet.  So when it's $116 a barrel in oil futures, that's what you got looking forward.  What you're paying right now is the oil future that we saw about a month or two ago at about $100 a barrel.  So your $3.51 is in the past.  What's coming is $4, $4.50 and possibly $5 a gallon this summer.p>

Now, I had a guy who's the managing editor of Forbes magazine.  Stu, you wouldn't think the managing editor of Forbes magazine was a nut job, would you?

STU:  I do not think he's a nut job, I'm sure.  I don't know what you are talking about but I'm sure.

GLENN:  You didn't see it last night?

STU:  I didn't see the segment.

GLENN:  It was an amazing segment.  I asked him, because I can't now get anybody to go on record because at first it was $100 a barrel of oil would cause the economy to stop.  Then when we got close to $100, I said, oh, we're getting close to $100.  And then all the experts said, it will probably be $115, $120 a barrel.  Well, now that we're almost at $120 a barrel, what's the magic number?  Now the editor of Forbes magazine said the number two actually choke it off is $200 a barrel.  And he believes we could be at $200 a barrel quickly.

He also talked last night about how Saudi Arabia, they are not increasing oil production because they can't.  Now, this goes to a very controversial theory on oil production and that is peak oil.  We talked about it in our book and quite honestly it is the only chapter in "An Inconvenient Book" that is in the book that I don't know how I feel about.  I put it in there and we did our homework.  In fact, we did a lot of homework on that chapter because I'm not sure if I buy into peak oil.  People have been saying about peak oil, and it's the one thing that we have really not talked about on this show that's in the book because I'm not sold.

STU:  I think there's a healthy amount of skepticism in the chapter.

GLENN:  No, no, there is.  That's why -- I mean, you know, it was written by us and, you know, it's my book and I -- and Kevin was the one who presented me that chapter and said, I think we should do a chapter on this.  And I said, show me the evidence.  And so he did, and I still don't entirely buy it but I have to tell you, front page of the Wall Street Journal today talks about a new oil field that is now being -- getting ready to open up in Saudi Arabia.  It will add, I think it was -- I don't have it in here -- about a million barrels of oil a day.  In the grand scheme of things, Saudi Arabia does about 12 million barrels a day, 12.5 million barrels a day.  That's what they're at now.  They said at some point in the past they would never make it past 12.5 million barrels.  That was their top capacity.  It's now, the guy from Forbes last night was telling me that they are not only at their top capacity, it's now going to start to decrease because they're out of oil.  That's as good as it gets.  I was a little, still skeptical on that.  He said, peak oil people looked like they were right.

This morning on the front page of Wall Street Journal, it talks about what the Saudis have had to do to open up this oil field.  This is their last big oil field.  They have to do horizontal drilling, they have to pump water down into the ground to be able to get this oil out.  It's a different kind of oil.  It is very, very difficult and extraordinarily costly to get this oil out of the ground.  There's no way Saudi Arabia taps this oil field unless it's the oil field of last resort.  Now, granted it is a big oil field but this is it, experts are now saying, on the Saudi Arabian front.  And the proof to me at least for the first time is compelling because it's not, it's not speculative.  It's tied directly to finances.  There's no way Saudi Arabia takes that hit in their oil profits by opening up a less profitable field unless they have to.

Remember, they are not predicting that it's going to put more oil into the system.  It's only going to keep Saudi Arabia at 12.5 million barrels a day.  So you've got the gas prices happening, and gas prices are going to get worse.  Then on top of it, you now have -- and we talked about this yesterday -- in some areas of the country, and it's very limited, but I brought it up to you yesterday because we have for the first time, I told you on February 11th, for the first time the United States is importing wheat.  We've never had to do that before.  We're importing wheat and I told you on February 11th the oil -- I'm sorry, the grain futures are through the roof and it hasn't hit you yet, but it will.  Well, now it has started to hit, and it's hitting the rest of the world as well.

There are several things going on.  Quite frankly it's extraordinarily complex and I'm still trying to get my arms around it because the most difficult is the actual futures, the wagering.  I mean, we've got -- what we have, we've opened up for oil futures and commodities futures and the stock market.  This is gambling, and it is changing the price of things.  I'll get into that later on in the week.  But here's what I want you to understand.  Last night I'm reading a story about the shortage of butter -- you don't even know what my life is like -- the shortage of butter in Japan and there was a run on butter.  You can't get butter now in Japan.  It's off the shelves.  It's empty.

Well, what happened?  Japan didn't run out of butter.  There was a panic and there was a shortage, a 20% shortage of butter.  So when people started having a hard time finding it, they ran out and they snapped it all up.  Now butter prices in Japan are through the roof, and they can't buy butter.  This is a wealthy country.  They can't get the butter into the stores.p>

What was the butter caused by?  There's a shortage of cows in Japan.  Japan has imported everything that they need.  So there's a shortage of cows which means there's a shortage of milk.  Part of the shortage of cows and milk comes from the same shortage that we have, the price of grain.  So now you've got this problem and a panic in Japan.  Last night when I saw this about 10:00, and I wrote one of the researchers and I said, I'm sorry, I'm going to dump a bunch of work on what I -- this doesn't make sense to me, a shortage of butter.  This is not ethanol.  What is this?

Well, this morning when I got up at 5:00, I had a stack of stuff to read, and this is what I found and this is what I think you need to understand because it doesn't matter what the cause is at this point.  No one is telling you this yet, and you're going to get behind the eight ball if you don't know it now, and I'm going to give you not only the problem, I'm going to give you the solution.

This all started with a shortage of Japan, the butter in Japan, and here's where it's taken me.  The U.S. agriculture secretary Edward Schafer last week said the world has never been less secure about the near-term future of wheat.  That's key.  Not long term.  Near-term future of wheat.  He said international wheat stocks are now at a historic 30-year low and the U.S. wheat stocks are at an unprecedented 60-year low.  That's bad news.  But then he added there is a highly virulent after can stem rust that is spreading quickly among certain types of wheat field.  He said that 75% of U.S. wheat acres are planted to varieties that are highly susceptible to this disease.  This disease started, I think in Ghana.  Then it went all through Africa.  It's moved by the wind.  It's a spore and it moves by the wind.  Then it wiped out all the wheat fields and now it's jumped over to India.  This is why there's such a shortage of wheat overseas.  They have been coming over here now and buying our wheat.  We're having a shortage of wheat partly because we're not planting as much wheat as we used to.  We're planting more corn because we want ethanol.  So now this is spread across the globe.  It has not come here.  However -- and this comes from the research because I just, I said to one of the researchers, I'm not going to talk about mad cow, I'm not going to talk about another bird flu.  Tell me what the secretary of agriculture said about mad cow and the bird flu.  Nothing like this.  Going back and looking at the newspaper stories and the trips of when they were talking about mad cow and the first case of mad cow was here, the secretary of agriculture and the agriculture department said nothing like this.  They were saying, don't worry, it's not a problem, we got it under control.  This is not what they're saying about the wheat.

So bad news has become terrible news.  How fast do you think bread flour and other wheat products will literally disappear from our shelves if the virus hit?  He says 75% of our wheat is vulnerable to this.  If it hits 10% of our wheat fields, how fast can you not find flour?  Remember they have a 20% reduction in butter and now you can't find it anywhere.  Here's what I need you to understand.  What's happening in Japan right now is panic.  What's happening in Japan is panic.  What's happening in Haiti, what's happening in Egypt, what's happening in all the parts all around the Middle East is real.  There is a real shortage of food and it's happening in China, in India and everywhere else.  What happened in Japan is panic.  We will not run out of food.  We're the United States of America.  We have great farmers.  We have great farmland.  We will not run out of food.  But because of oil prices, because if there is this rust spore that comes over here, this is the downward pressure that I was talking about.  The price of food and the price of oil could be the downward pressure that we've been talking about.

ThThe only way -- you know what?  I feel this to the core of my being.  Our grandparents would slap us across the face right now.  For anybody who is saying, oh, please.  All I'm asking you to do is go out and buy some flour.  Don't panic.  Don't hoard it.  Don't do any of that.  Just go out and protect your family.  Go out and store some flour.  Store some rice.  Put it in your basement.  Use it through the summer or whatever.  Just hang onto it and then if things get bad, you use it.  So you batten down the hatches of your own finances.  So you don't have to worry so much about food prices because futures are telling us that the price is going to continue to increase.  The global food price has gone up 83% in the last three years alone.  Futures are telling us it's going up.  You will pay that price in gas soon.  You will pay that price in food soon.  The truckers will have to charge more for the delivery soon.  So you're going to feel this much more than you are now.  Spend your money wisely and store up on some food.  So then when everybody else is panicking, you will be calm enough with your family and your neighbors and say, relax.  Relax, we'll never run out of food and you won't be panicked because the worst thing that happens is when people panic, and there's got to be a core of people that don't panic if and when these things hit.  And when it comes to food, when it comes to gas prices, they are going to hit because the price is based on futures, and the futures are telling you it's gone up, and you ain't paying it yet.  You will.

From the moment the 33-year-old Thomas Jefferson arrived at the Continental Congress in Philadelphia in 1776, he was on the radical side. That caused John Adams to like him immediately. Then the Congress stuck Jefferson and Adams together on the five-man committee to write a formal statement justifying a break with Great Britain, and their mutual admiration society began.

Jefferson thought Adams should write the Declaration. But Adams protested, saying, “It can't come from me because I'm obnoxious and disliked." Adams reasoned that Jefferson was not obnoxious or disliked, therefore he should write it. Plus, he flattered Jefferson, by telling him he was a great writer. It was a master class in passing the buck.

So, over the next 17 days, Jefferson holed up in his room, applying his lawyer skills to the ideas of the Enlightenment. He borrowed freely from existing documents like the Virginia Declaration of Rights. He later wrote that “he was not striving for originality of principle or sentiment." Instead, he hoped his words served as “an expression of the American mind."

It's safe to say he achieved his goal.

The five-man committee changed about 25 percent of Jefferson's first draft of the Declaration before submitting it to Congress. Then, Congress altered about one-fifth of that draft. But most of the final Declaration's words are Jefferson's, including the most famous passage — the Preamble — which Congress left intact. The result is nothing less than America's mission statement, the words that ultimately bind the nation together. And words that we desperately need to rediscover because of our boiling partisan rage.

The Declaration is brilliant in structure and purpose. It was designed for multiple audiences: the King of Great Britain, the colonists, and the world. And it was designed for multiple purposes: rallying the troops, gaining foreign allies, and announcing the creation of a new country.

The Declaration is structured in five sections: the Introduction, Preamble, the Body composed of two parts, and the Conclusion. It's basically the most genius breakup letter ever written.

In the Introduction, step 1 is the notificationI think we need to break up. And to be fair, I feel I owe you an explanation...

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another…

The Continental Congress felt they were entitled by “the Laws of Nature and of Nature's God" to “dissolve the political bands," but they needed to prove the legitimacy of their cause. They were defying the world's most powerful nation and needed to motivate foreign allies to join the effort. So, they set their struggle within the entire “Course of human events." They're saying, this is no petty political spat — this is a major event in world history.

Step 2 is declaring what you believe in, your standardsHere's what I'm looking for in a healthy relationship...

This is the most famous part of the Declaration; the part school children recite — the Preamble:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

That's as much as many Americans know of the Declaration. But the Preamble is the DNA of our nation, and it really needs to be taken as a whole:

That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

The Preamble takes us through a logical progression: All men are created equal; God gives all humans certain inherent rights that cannot be denied; these include the rights to life, liberty, and the pursuit of happiness; to protect those rights, we have governments set up; but when a government fails to protect our inherent rights, people have the right to change or replace it.

Government is only there to protect the rights of mankind. They don't have any power unless we give it to them. That was an extraordinarily radical concept then and we're drifting away from it now.

The Preamble is the justification for revolution. But note how they don't mention Great Britain yet. And again, note how they frame it within a universal context. These are fundamental principles, not just squabbling between neighbors. These are the principles that make the Declaration just as relevant today. It's not just a dusty parchment that applied in 1776.

Step 3 is laying out your caseHere's why things didn't work out between us. It's not me, it's you...

This is Part 1 of the Body of the Declaration. It's the section where Jefferson gets to flex his lawyer muscles by listing 27 grievances against the British crown. This is the specific proof of their right to rebellion:

He has obstructed the administration of justice...

For imposing taxes on us without our consent...

For suspending our own legislatures...

For quartering large bodies of armed troops among us...

Again, Congress presented these “causes which impel them to separation" in universal terms to appeal to an international audience. It's like they were saying, by joining our fight you'll be joining mankind's overall fight against tyranny.

Step 4 is demonstrating the actions you took I really tried to make this relationship work, and here's how...

This is Part 2 of the Body. It explains how the colonists attempted to plead their case directly to the British people, only to have the door slammed in their face:

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury...

They too have been deaf to the voice of justice... We must, therefore... hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

This basically wrapped up America's argument for independence — we haven't been treated justly, we tried to talk to you about it, but since you refuse to listen and things are only getting worse, we're done here.

Step 5 is stating your intent — So, I think it's best if we go our separate ways. And my decision is final...

This is the powerful Conclusion. If people know any part of the Declaration besides the Preamble, this is it:

...that all political connection between them and the State of Great Britain, is and ought to be totally dissolved...

They left no room for doubt. The relationship was over, and America was going to reboot, on its own, with all the rights of an independent nation.

And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.

The message was clear — this was no pitchfork mob. These were serious men who had carefully thought through the issues before taking action. They were putting everything on the line for this cause.

The Declaration of Independence is a landmark in the history of democracy because it was the first formal statement of a people announcing their right to choose their own government. That seems so obvious to us now, but in 1776 it was radical and unprecedented.

In 1825, Jefferson wrote that the purpose of the Declaration was “not to find out new principles, or new arguments, never before thought of… but to place before mankind the common sense of the subject, in terms so plain and firm… to justify ourselves in the independent stand we are compelled to take."

You're not going to do better than the Declaration of Independence. Sure, it worked as a means of breaking away from Great Britain, but its genius is that its principles of equality, inherent rights, and self-government work for all time — as long as we actually know and pursue those principles.

On June 7, 1776, the Second Continental Congress met in Philadelphia at the Pennsylvania State House, better known today as Independence Hall. Virginia delegate Richard Henry Lee introduced a motion calling for the colonies' independence. The “Lee Resolution" was short and sweet:

Resolved, That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved.

Intense debate followed, and the Congress voted 7 to 5 (with New York abstaining) to postpone a vote on Lee's Resolution. They called a recess for three weeks. In the meantime, the delegates felt they needed to explain what they were doing in writing. So, before the recess, they appointed a five-man committee to come up with a formal statement justifying a break with Great Britain. They appointed two men from New England — Roger Sherman and John Adams; two from the middle colonies — Robert Livingston and Benjamin Franklin; and one Southerner — Thomas Jefferson. The responsibility for writing what would become the Declaration of Independence fell to Jefferson.

In the rotunda of the National Archives building in Washington, D.C., there are three original documents on permanent display: the Constitution, the Bill of Rights, and the Declaration of Independence. These are the three pillars of the United States, yet America barely seems to know them anymore. We need to get reacquainted — quickly.

In a letter to his friend John Adams in 1816, Jefferson wrote: “I like the dreams of the future, better than the history of the past."

America used to be a forward-looking nation of dreamers. We still are in spots, but the national attitude that we hear broadcast loudest across media is not looking toward the future with optimism and hope. In late 2017, a national poll found 59% of Americans think we are currently at the “lowest point in our nation's history that they can remember."

America spends far too much time looking to the past for blame and excuse. And let's be honest, even the Right is often more concerned with “owning the left" than helping point anyone toward the practical principles of the Declaration of Independence. America has clearly lost touch with who we are as a nation. We have a national identity crisis.

The Declaration of Independence is America's thesis statement, and without it America doesn't exist.

It is urgent that we get reacquainted with the Declaration of Independence because postmodernism would have us believe that we've evolved beyond the America of our founding documents, and thus they're irrelevant to the present and the future. But the Declaration of Independence is America's thesis statement, and without it America doesn't exist.

Today, much of the nation is so addicted to partisan indignation that "day-to-day" indignation isn't enough to feed the addiction. So, we're reaching into America's past to help us get our fix. In 2016, Democrats in the Louisiana state legislature tabled a bill that would have required fourth through sixth graders to recite the opening lines of the Declaration. They didn't table it because they thought it would be too difficult or too patriotic. They tabled it because the requirement would include the phrase “all men are created equal" and the progressives in the Louisiana legislature didn't want the children to have to recite a lie. Representative Barbara Norton said, “One thing that I do know is, all men are not created equal. When I think back in 1776, July the fourth, African Americans were slaves. And for you to bring a bill to request that our children will recite the Declaration, I think it's a little bit unfair to us. To ask our children to recite something that's not the truth. And for you to ask those children to repeat the Declaration stating that all men's are free. I think that's unfair."

Remarkable — an elected representative saying it wouldn't be fair for students to have to recite the Declaration because “all men are not created equal." Another Louisiana Democrat explained that the government born out of the Declaration “was used against races of people." I guess they missed that part in school where they might have learned that the same government later made slavery illegal and amended the Constitution to guarantee all men equal protection under the law. The 13th, 14th, and 15th Amendments were an admission of guilt by the nation regarding slavery, and an effort to right the wrongs.

Yet, the progressive logic goes something like this: many of the men who signed the Declaration of Independence, including Thomas Jefferson who wrote it, owned slaves; slavery is evil; therefore, the Declaration of Independence is not valid because it was created by evil slave owners.

It's a sad reality that the left has a very hard time appreciating the universal merits of the Declaration of Independence because they're so hung up on the long-dead issue of slavery. And just to be clear — because people love to take things out of context — of course slavery was horrible. Yes, it is a total stain on our history. But defending the Declaration of Independence is not an effort to excuse any aspect of slavery.

Okay then, people might say, how could the Founders approve the phrase “All men are created equal," when many of them owned slaves? How did they miss that?

They didn't miss it. In fact, Thomas Jefferson included an anti-slavery passage in his first draft of the Declaration. The paragraph blasted King George for condoning slavery and preventing the American Colonies from passing legislation to ban slavery:

He has waged cruel war against human nature itself, violating its most sacred rights to life and liberty in the persons of a distant people who never offended him, captivating and carrying them into slavery in another hemisphere... Determined to keep open a market where men should be bought and sold, he has prostituted his negative for suppressing every legislative attempt to prohibit or to restrain this execrable commerce.

We don't say “execrable" that much anymore. It means, utterly detestable, abominable, abhorrent — basically very bad.

Jefferson was upset when Georgia and North Carolina threw up the biggest resistance to that paragraph. Ultimately, those two states twisted Congress' arm to delete the paragraph.

Still, how could a man calling the slave trade “execrable" be a slaveowner himself? No doubt about it, Jefferson was a flawed human being. He even had slaves from his estate in Virginia attending him while he was in Philadelphia, in the very apartment where he was writing the Declaration.

Many of the Southern Founders deeply believed in the principles of the Declaration yet couldn't bring themselves to upend the basis of their livelihood. By 1806, Virginia law made it more difficult for slave owners to free their slaves, especially if the owner had significant debts as Jefferson did.

At the same time, the Founders were not idiots. They understood the ramifications of signing on to the principles described so eloquently in the Declaration. They understood that logically, slavery would eventually have to be abolished in America because it was unjust, and the words they were committing to paper said as much. Remember, John Adams was on the committee of five that worked on the Declaration and he later said that the Revolution would never be complete until the slaves were free.

Also, the same generation that signed the Declaration started the process of abolition by banning the importation of slaves in 1807. Jefferson was President at the time and he urged Congress to pass the law.

America has an obvious road map that, as a nation, we're not consulting often enough.

The Declaration took a major step toward crippling the institution of slavery. It made the argument for the first time about the fundamental rights of all humans which completely undermined slavery. Planting the seeds to end slavery is not nearly commendable enough for leftist critics, but you can't discount the fact that the seeds were planted. It's like they started an expiration clock for slavery by approving the Declaration. Everything that happened almost a century later to end slavery, and then a century after that with the Civil Rights movement, flowed from the principles voiced in the Declaration.

Ironically for a movement that calls itself progressive, it is obsessed with retrying and judging the past over and over. Progressives consider this a better use of time than actually putting past abuses in the rearview and striving not to be defined by ancestral failures.

It can be very constructive to look to the past, but not when it's used to flog each other in the present. Examining history is useful in providing a road map for the future. And America has an obvious road map that, as a nation, we're not consulting often enough. But it's right there, the original, under glass. The ink is fading, but the words won't die — as long as we continue to discuss them.

'Good Morning Texas' gives exclusive preview of Mercury One museum

Screen shot from Good Morning Texas

Mercury One is holding a special exhibition over the 4th of July weekend, using hundreds of artifacts, documents and augmented reality experiences to showcase the history of slavery — including slavery today — and a path forward. Good Morning Texas reporter Paige McCoy Smith went through the exhibit for an exclusive preview with Mercury One's chief operating officer Michael Little on Tuesday.

Watch the video below to see the full preview.

Click here to purchase tickets to the museum (running from July 4 - 7).

Over the weekend, journalist Andy Ngo and several other apparent right-leaning people were brutally beaten by masked-gangs of Antifa protesters in Portland, Oregon. Short for "antifascist," Antifa claims to be fighting for social justice and tolerance — by forcibly and violently silencing anyone with opposing opinions. Ngo, who was kicked, punched, and sprayed with an unknown substance, is currently still in the hospital with a "brain bleed" as a result of the savage attack. Watch the video to get the details from Glenn.